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Which of the following statements about the monetary aggregates is false? . When you transfer funds from your savings account to your checking account, M1 increases and M2 stays the same. . M1 is less than M2. . The growth rates of M1 and M2 almost never track each other closely. . When the growth rate of M2 increases, the growth rate of M1 must decrease. Given that, in billions of US. dollars, we have 883.2 in currency, 633.5 in demand deposits, 3.8 in traveler's checks, 5737.8 in savings deposits, and 419 in other checkable deposits. The total M1 amount in this economy is $ . (Round your answer to the nearest one-decimal place)